“Renewable Energy Market to Garner $2,152 Billion by 2025, Reveals Report” • According to a report published by Allied Market Research, renewables industries will very likely result in an impressive growth for the entire market. It projects the global renewable energy market is to reach in excess of $2,152 billion by 2025. [Interesting Engineering]
Any solar PV system that’s tied to the grid will use a bi-directional meter. When you use electricity from the grid, you’ll see your meter move forward. But when your solar PV system produces electricity, any excess will go back into the grid and your meter will move backward. This is called “net metering,” and the utility company will credit your bill for the excess electricity generated.
A heat pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A solar-assisted heat pump represents the integration of a heat pump and thermal solar panels in a single integrated system. Typically these two technologies are used separately (or only placing them in parallel) to produce hot water. In this system the solar thermal panel performs the function of the low temperature heat source and the heat produced is used to feed the heat pump's evaporator. The goal of this system is to get high COP and then produce energy in a more efficient and less expensive way.
Since you are working hard to read this rather lengthy article, here is some entertainment. The ‘intermission’ if you like. So, put your feet up and enjoy the next picture: It’s a prime example of much that is wrong with the small wind world. The fact that an installer would even consider installing in a place like that. Customers that are too uninformed to know better (and their installer clearly is not interested in educating them). Turbine manufacturers that deliver standard towers that are much too short to be effective; this tower plus turbine is just 23 feet tall! Then there is the claim by the manufacturer (dutifully parroted by the installer) that this turbine will offset “up to 30%” of their electricity bill. The last one is not really a lie I suppose: If in reality it offsets just 2% of the owners bill, technically that still falls within that “up to 30%”…
Wind turbines allow us to harness the power of the wind and turn it into energy. When the wind blows, the turbine's blades spin clockwise, capturing energy. This triggers the main shaft, connected to a gearbox within the nacelle, to spin. The gearbox sends that energy to the generator, converting it to electricity. Electricity then travels down the tower to a transformer, where voltage levels are adjusted to match with the grid.
Renewable energy is derived from natural processes that are replenished constantly. In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources.
Run-of-the-river hydroelectricity plants derive energy from rivers without the creation of a large reservoir. The water is typically conveyed along the side of the river valley (using channels, pipes and/or tunnels) until it is high above the valley floor, whereupon it can allowed to fall through a penstock to drive a turbine. This style of generation may still produce a large amount of electricity, such as the Chief Joseph Dam on the Columbia river in the United States.
Solar energy is a flexible energy technology: it can be built as distributed generation (located at or near the point of use) or as a central-station, utility-scale solar power plant (similar to traditional power plants). Both of these methods can also store the energy they produce for distribution after the sun sets, using cutting edge solar + storage technologies.
This solar resource map provides a summary of the estimated solar energy available for power generation and other energy applications. It represents the average daily/yearly sum of electricity production from a 1 kW-peak grid-connected solar PV power plant covering the period from 1994/1999/2007 (depending on the geographical region) to 2015. Source: Global Solar Atlas]